Peer Review

The American Institute of CPAs (AICPA) established a practice-monitoring program in 1988 to enhance the quality of accounting, auditing and attestation services performed by its members. Effective July 1, 1996, participation in the program is required of each practice unit registered with the Idaho State Board of Accountancy which issues reports on accounting and auditing engagements, including audits, reviews, compilations and prospective financial information.

If your firm prepares financial statements without reports and you have questions regarding whether or not your firm is required to undergo a peer review, or you need information about using Idaho’s Safe Harbor Language, please contact the Idaho State Board of Accountancy at 208.334.2490.

Since 1989, the Idaho Society of CPAs has been administering peer reviews for enrolled firms. Reviews are performed in accordance with the AICPA’s Standards for Performing and Reporting on Peer Reviews.

The ISCPA Peer Review Committee  is responsible for managing the administration of the program, and is assisted by a technical reviewer and a program manager.

Enroll in the Program

The Peer Review Integrated Management Application (PRIMA) is the primary tool used by firms, reviewers, and the entities administering peer review to complete the peer review process. The AICPA has developed a Getting Started in PRIMA document that highlights tasks such as creating an account and enrolling your firm in peer review.

Questions and Answers About the AICPA Peer Review Program   — The Q&A is available as a PDF download and provides general information about the types of peer reviews, the peer review process, how much the peer review will cost, is your firm required to have a quality control document, etc.

Change in Firm Structure Form  — If you've recently had a change in your firm name, firm dissolution, firm merger, or job class change, please complete and return this form.

Locating a Reviewer

Click here to download a list of Idaho firms interested in performing peer reviews.

The AICPA Reviewer Search is for those firms looking for a reviewer to perform their peer reviews. The search lists information on the reviewer's firm and its enrollment in the AICPA Peer Review Program.

Having a quality peer review and a quality peer reviewer is of utmost importance. To assist your firm in selecting a peer reviewer, the AICPA provides this resource Guide.

Additional Resources

ISCPA Annual Report on Oversight

For more information on the Peer Review Program, contact Tracy Poe, via email  or call 208.344.6261.